CC-Ocean Project in Partnership with K Line and ClassNK Part of Japan Government Initiative to Support Development of Marine Resource Technologies - Worlds first marine-based demonstration test of CO2 capture to take place on K Lines coal c

On August 28, CSSC released its semi-annual report for 2020, showing that the companys operating revenue was 23.216 billion yuan, down 0.66% year-on-year. The net profit attributable to shareholders of the parent company was 134 million yua

VLCC The Middle East market softened slightly with rates for 270,000mt AG/China losing 2.5 points to settle around WS30.5 and owners are facing continued downward pressure, while the trip for 280,000mt to US Gulf via the cape/cape routing e

COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP or the Company, SEHK: 1199), the worlds leading ports operator, today announced interim results of the Company and its subsidiaries (the Group) for the six months ended 30 June 2020.

August 28, 2020, Guangzhou Shipping ExchangePlatform (GSEP) and Industrial and Commercial Bank of China Guangzhou NanshaBranch had completed the first cross border trading of special purpose shipamong all domestic ship trading platforms, al

The Maritime and Port Authority of Singapore (MPA) will be taking enhanced measures to further secure safe port operations and facilitate crew change. This will allow essential goods to continue to flow through the Port of Singapore, and Si

With the future of crewing high on the agenda, BIMCO and ICS are preparing for the launch of the latest Seafarer Workforce Report (previously known as the Manpower Report), the industry standard resource for ship operators, agencies and gov

This up-to-date key guidance should find its prominent place aboard every bulk carrier and in the library of every company and professional in our sector (Dr Kostas Gkonis, Secretary General, Intercargo) Bulk carriers are the workhorses of

Refinery Rationalisation Refinery rationalisation is back on the agenda. With a prolonged weakness in refinery margins due to Covid-19 related demand destruction and an uncertain future for hydrocarbon consumption, many refiners have decide

On August 27, 2020, CIMC issued a notice entitled Resignation of Chairman and President, Election of Chairman, Director, President and Appointment of special committee members of the Board of Directors. According to the announcement, Wang H

On January 21, 2020, Ningbo Zhoushan Port proposed a proposal related to the non-public issuance of A-shares. The non-public issuance of shares is domestically listed RMB ordinary shares (A shares), each with a par value of RMB 1.00. The no

Chinas Cosco Shipping Heavy Industry has recently won a repair contract for the 174,000-cbm LNG carrier CESI Wenzhou. The 290 meters long vessel will arrive at CSHIs yard in Shangai in early September for repairs including cargo pump and ca

Mysteels PORTDEX 62% Australian Iron Ore Fines price dropped Yuan 5/wmt ($0.7/wmt) on day to Yuan 947/wmt FOT Qingdao and including the 13% VAT on August 26. On Wednesday too, the SEADEX 62% Australian Iron Ore Fines index rose by $2.55/dmt

Indian state refiners have stopped buying crude oil from China-linked companies, three sources said, after New Delhis recent regulation aimed at restricting imports from countries that it shares a border with. The new regulation, put in pla

The Baltic Exchanges main sea freight index inched down on Thursday, as rates for capesize and supramax vessels declined. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, pana